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Business

Fund fees boost Macquarie annual profit

Australia#8217;s Macquarie Bank Ltd reported a 33% jump in annual earnings and declared a special dividend yesterday as fees from specialist funds helped it outperform other investment banks and weak stock markets.

Business

Morgan Stanley: SARS a testbed for China's credibility and transparency

THE Severe Acute Respiratory Syndrome (SARS) outbreak may be a blight on China now, but it could also be a blessing in disguise.

Business

Stocks slip on economic woes

B>NEW YORK:/BStocks slipped on Friday after reports showed that consumer prices and housing starts fell in April, raising questions about the economy's health and prompting investors to rein in their recent stock-buying spree.

Business

Make peace with free float shortfall

IT has been three years since index constructor Morgan Stanley Capital International (MSCI) announced that it would adjust its equity indices so as to take into account free float levels. Back then, there was some hand wringing among our stock market players over the possibility of Malaysia suffering an exodus of foreign funds.a href=http://biz.thestar.com.my/bizweek/>LI>B>For the full Bizweek reports click here/B>/a>

Lifestyle

Zara reigns in Spain

Zara doesn#8217;t advertise its clothes #8211; it doesn#8217;t have to. Word of mouth alone has made its Spanish owner a billionaire. CAROLINE ROUX reports.

Business

Investment banking still choice of grads

Investment banking is still the career of choice for many of Europe's graduates, even though the banks themselves have lost some of their allure as places to work, according to a new study.

AseanPlus News

Two more banks in stock market

MORGAN Stanley Co International Ltd and Citigroup Global Transaction Services of the United States became the first foreign investors to be granted the Qualified Foreign Institutional Investors (QFII) status on the Chinese stock market, authorities said on Sunday.

Business

Two more banks in stock market

MORGAN Stanley Co International Ltd and Citigroup Global Transaction Services of the United States became the first foreign investors to be granted the Qualified Foreign Institutional Investors (QFII) status on the Chinese stock market, authorities said on Sunday.

Business

Analysts consider re-rating Resorts

RESORTS World Bhd share price has surged more than 28% or RM2.15 from its recent low of RM7.55 posted in April when many were dumping the shares amid worries over the impact of Severe Acute Respiratory Syndrome (SARS) outbreak on the company#039;s earnings.

Business

Foreign business news briefs

Foreign business news briefs: 'BBC in £800mil capital market debut', 'Canon to spend big on basic research', and 'Toyota, Guangzhou in car JV talks'.